Wheelocity, a supply chain network for fresh commerce, has raised $12 million in its Series A round led by Lightspeed Venture. Other investors have also participated in this round along with Anicut Capital.
Founded by Selvam VMS and Senthil Kumar in September 2021, Wheelocity supplies fresh fruits and vegetables to quick commerce companies such as Swiggy Instamart, Dunzo, Blinkit and Zepto.
Wheelocity will utilise raised funds to build new product offerings on farm side operations and developing technology to deliver automation and standardisation, as well as product development. It will also hire across product, technology and operations.
The Bengaluru and Chennai- headquartered company is plug-and-play model for its B2B clients and operaties in more than 12 cities.